
Has Rupert Murdoch actually given up on his legacy deal?
7am
00:00
Rupert and Patty Lachlan's Putting the Fusion of Fox and News on Ice
Rupert Murdoch has withdrawn plans to recombine Fox Corp and News Corp discussions for the... In January, News Corporation announced that it received interest from a US company called CoStar in buying Realtor.com. The speculation was that the price was in the vicinity of $3 billion. As I understand it, it's that opportunity that has caused Rupert and Lachlan to put the merger of Fox and News on ice. But my understanding is that they remain keen on the merger.
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